STM Journals Peer-reviewed research from Consortium e-Learning Network

Journal of Production Research & Management

PERFORMANCE EVALUATION OF SMEs IN JABALPUR USING INTEGRATED PCA DEA MODEL

  1. Murali Krishna M
  2. Tarun Gupta

Abstract

An integrated principal component analysis and data envelopment analysis frame work has been adopted to assess and ranking of SMEs situated in Jabalpur. the results of the frame work shows the performance of SMEs : weak and strong points of each SME with regard to machinery and equipment. Moreover, the composite rank of the SMEs is calculated to assess the performance. Furthermore, it identifies which indicators have major impacts on the performance of SMEs.  To attain the objectives, a comprehensive study was conducted to identify all economic and technical indicators which influence the performance of SMEs. These performance indicators are: equipment productivity, efficiency, effectiveness and profitability. Standard factors such as down time, mean time between failure, time to repair, operating time, value added and production value were considered as shaping factors. The SMEs are selected according to the data provided by MSME- development institute (Ministry of MSME, Government of India).

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